Iran, world powers reach initial deal on reining in Tehran's nuclear program

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By Louis Charbonneau and Stephanie Nebehay LAUSANNE, Switzerland (Reuters) - Iran and world powers reached a framework agreement on Thursday on curbing Iran's nuclear program for at least a decade, a step toward a final pact that could end 12 years of brinkmanship, threats and confrontation. The tentative agreement, after eight days of marathon talks in Switzerland, clears the way for negotiations on a settlement aimed at allaying Western fears that Iran was seeking to build an atomic bomb and in return lift economic sanctions on the Islamic Republic. All sanctions on Iran remain in place until a final deal. President Barack Obama described the agreement as a "historic understanding with Iran" and compared it to nuclear arms control deals struck by his predecessors with the Soviet Union that "made our world safer" during the Cold War.




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